Ericsson reports fourth quarter results

Written by thalib on January 27th, 2011

Ericsson reports fourth quarter results
“Group sales in the quarter increased 8% year-over-year and 32% sequentially mainly driven by a strong development in mobile broadband” says Hans Vestberg, President and CEO of Ericsson (NASDAQ:ERIC). “Sales in the quarter for comparable units, …
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Ericsson reports fourth quarter results
STOCKHOLM, SWEDEN–(Marketwire – January 25, 2011) -
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Ericsson reports fourth quarter results
STOCKHOLM, SWEDEN–(Marketwire – 01/25/11) – “Group sales in the quarter increased 8% year-over-year and 32% sequentially mainly driven by a strong development in mobile broadband” says Hans Vestberg, President and CEO of Ericsson (NASDAQ: ERIC – News ). “Sales in the quarter for comparable units, adjusted for currency and hedging, increased 7% year- over- year. Adjusted cash flow in the quarter …
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